Adidas shares tank after it issues warning over unsold Yeezy stock

Adidas shares plummeted after the company said it could lose around 1.2 billion euros ($1.3 billion) in revenue in 2023 if it is unable to sell Yeezy stock.

Previous post CNBC Daily Open: U.S. stocks drop and Treasury yields widen their inversion as the economy gives conflicting signals
Next post : Japanese yen climbs on reports that economist will become next BOJ head